US Futures Near Unchanged On Light News Day After S&P 500 Touches Another Record

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U.S. stock futures were near unchanged Friday, but in the black, amid a light news day and with no major economic indicators to act as catalysts for trading.

Investors also appeared to be taking a breather after the S&P 500 hit another record Thursday, as President Barack Obama said he'd send 300 military advisers to Iraq while stopping short of announcing a larger plan to help the Iraqi government against Sunni militants.

In equities, Oracle ( ORCL ) took a hit, down more than 6% in recent pre-market trade after it reported fiscal Q4 earnings that were shy of expectations. Shire ( SHPG ) jumped more than 14% after rejecting a $46.5 bllion offer from Abbvie ( ABBV ) on grounds that it undervalued the company. ABBV was up more than 4%.



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This article appears in: Investing , Commodities

Referenced Stocks: ORCL , SHPG , ABBV

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